Find Affordable Lexus ES 350 Insurance in Austin

How long have you put off shopping around for low-cost Lexus ES 350 insurance in Austin? Feel like you have an underperforming, overpriced car insurance policy? You’re in good company because there are a lot of people in Austin just like you who feel imprisoned by their car insurance policy.

Unbelievably, the vast majority of car insurance customers in Texas have purchased from the same company for more than four years, and almost 40% of drivers have never taken the time to shop around. American insurance shoppers could save 46.5% every year, but most undervalue the rate savings if they swap their current policy for a cheaper one.

People have many insurance companies to choose from, and although it’s a good thing to have a selection, it can be more challenging to find the best rates for your vehicles.

Buying affordable insurance in Austin is not that difficult as long as you know where to start. In a nutshell, anyone who shops for insurance will most likely be able to reduce their rates. Although Texas consumers must comprehend the way insurance companies calculate their prices because it varies considerably.

Best companies for Lexus ES 350 insurance

The providers in the list below provide quotes in Texas. If the list has multiple companies, we recommend you get price quotes from several of them to get the most competitive price.

Above prices assume single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Prices do not factor in vehicle location which can raise or lower premiums greatly.

Higher deductibles lower rates

The illustration below shows how different deductible levels and can change Lexus ES 350 insurance prices for each age group. The rate quotes are based on a single female driver, full coverage, and no discounts are taken into consideration.

Analysis of deductible levels

One common question asked by Austin drivers is at what level do you set your deductibles. The tables below may aid in understanding the costs and benefits between high and low physical damage deductibles. The first table uses a $100 deductible for comp and collision and the second price grid uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Estimates do not factor in specific location information which can impact prices significantly.

Based on the figures above, using a $100 deductible will cost you about $49 more each month or $588 a year than requesting the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 18 months between claims, you would more than likely save some money if you decide on a higher deductible.

These discounts can lower your auto insurance rates

Some insurers don’t necessarily list every discount they offer in an easy-to-find place, so the below list has some of the best known as well as the least known credits that may apply to you. If you do not double check each discount you deserve, you are throwing money away.

• Onboard Data Collection – Insureds who allow driving data submission to track when and where they use their vehicle by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they show good driving skills.
• Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents so companies give up to a 10% discount.
• Discount for Life Insurance – If the company offers life insurance, you could get a discounted price on car insurance if you buy auto and life insurance together.
• Paperless Signup – Many auto insurance companies give back up to $50 for buying your policy on your computer.
• Multi-policy Discount – If you have multiple policies and place coverage with the same company you could save nearly 15% which can help you find affordable Lexus ES 350 insurance rates in Austin.
• Defensive Driver Discounts – Completing a course in defensive driver can save you 5% or more if you qualify.
• Government Employee Discount – Employees or retirees of the government could qualify for a slight premium decrease with certain companies.
• Lower Rates for Military – Being on active duty in the military can result in better auto insurance rates.
• Distant Student – Older children who live away from home to go to college and do not take a car to college may be able to be covered for less.
• Waiver for an Accident – This one isn’t a discount, but companies like GEICO and Liberty Mutual allow you one accident before hitting you with a surcharge if you have no claims prior to being involved in the accident.

Drivers should understand that many deductions do not apply to the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like you could get a free auto insurance policy, it doesn’t quite work that way.

A few popular companies and some of the premium reductions they offer are:

• The Hartford policyholders can earn discounts including anti-theft, vehicle fuel type, air bag, driver training, good student, defensive driver, and bundle.
• American Family offers discounts for defensive driver, Steer into Savings, early bird, bundled insurance, and good driver.
• Progressive includes discounts for multi-policy, continuous coverage, online signing, good student, and homeowner.
• Travelers has savings for driver training, good student, multi-policy, multi-car, and early quote.
• Farmers Insurance offers premium reductions for distant student, multi-car, switch companies, business and professional, alternative fuel, and youthful driver.
• USAA has discounts for multi-policy, good student, defensive driver, family discount, and vehicle storage.
• Liberty Mutual may have discounts that include multi-policy, new graduate, multi-car, new vehicle discount, exclusive group savings, new move discount, and teen driver discount.

When comparing rates, check with each company or agent to apply every possible discount. A few discounts may not be offered in Austin. To view insurance companies that offer multiple discounts in Texas, click this link.

Get rate quotes but buy from a local neighborhood Austin car insurance agent

A small number of people prefer to talk to an insurance agent and that can be a great decision One of the best bonuses of comparing insurance prices online is the fact that you can find cheap car insurance rates and also buy local.

After filling out this quick form, your insurance data is emailed to local insurance agents in Austin who will give you bids for your coverage. You won’t even need to do any legwork since price quotes are sent to you directly. You can find better rates and a licensed agent to talk to. If you need to get a price quote from a specific car insurance provider, don’t hesitate to visit that company’s website and complete a quote there.

Picking a insurer should include more criteria than just the quoted price. Get answers to these questions too.

• How much experience to they have in personal lines coverages?
• Are they able to provide referrals?
• Are there any discounts for paying up front?
• Is there a 24/7 contact number?
• In the event of vehicle damage, can you pick the collision repair facility?

The type of car insurance agent you choose is important

If you are wanting to purchase car insurance from a good Austin insurance agent, there are two types of insurance agents and how they work. Car insurance agencies can be described as either exclusive or independent (non-exclusive).

Exclusive Insurance Agents

Agents that choose to be exclusive have only one company to place business with like Farmers Insurance, Allstate, or State Farm. These agents are not able to provide rate quotes from other companies so it’s a take it or leave it situation. Exclusive agents are highly trained on their company’s products and that allows them to sell at a higher price point.

Below are exclusive insurance agents in Austin that can give you rate quotes.

View more Austin agents

Independent Car Insurance Agencies

Agents of this type are not required to write business for one company so they can quote policies with lots of companies and help determine which has the cheapest rates. To transfer your coverage to a different company, an independent agent can move your coverage and you don’t have to switch agencies.

If you need cheaper car insurance rates, it’s a good idea to get rate quotes from several independent insurance agents to maximize your price options.

Below is a list of independent insurance agencies in Austin who can help you get rate quotes.

View more Austin agents

Cheaper auto insurance rates are available

We just covered a lot of information how to reduce Lexus ES 350 insurance premium rates online in Austin. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. Drivers may even discover the most savings is with some of the smallest insurance companies. These smaller insurers may often insure only within specific states and give better rates as compared to the big name companies such as Allstate or State Farm.

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There are a lot of situations where someone sacrificed liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. Your goal should be to buy a smart amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

Cost effective Lexus ES 350 insurance can be bought on the web as well as from independent agents in Austin, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not offer online quoting and many times these regional insurance providers work with independent agents.

More tips and info about auto insurance can be found at these sites:

• Things to Know Before you Cancel Insurance (Allstate)
• Who Has Cheap Austin Auto Insurance Quotes for a Chevrolet Silverado? (FAQ)
• Who Has Cheap Austin Auto Insurance for Postal Workers? (FAQ)
• Auto Insurance 101 (About.com)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)